NTCL Successfully Listed on NASDAQ Capital Market
Industry: Software Development
Listing Date: December 2024, NASDAQ Capital Market, USA
Funds Raised: USD 9 million
Partners: Renowned International Investment Banks
Yangkang Asset Management successfully assisted NetClass Technology (NTCL) in its listing on the NASDAQ Capital Market in the United States, raising USD 9 million, demonstrating the growth potential of Asian tech enterprises in the global market.
NTCL specializes in innovative software development, offering intelligent solutions covering digital transformation, cloud services, and big data analytics. For this listing, NTCL collaborated with leading international investment banks to issue 1.8 million Class A common shares at USD 5 per share, strengthening its capital base.
Through this funding round, NTCL plans to accelerate R&D, expand into global markets, and enhance collaboration with international partners to drive innovation and application of its products. Additionally, the company aims to boost its international brand influence and continue progressing toward becoming a world-leading software solutions provider.